In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.
The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.
Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.
Latest Suncor Energy News
Suncor and Canadian Oil Sands Limited announce that Suncor's acquisition of COS has been completed following shareholder approval of an amalgamation agreement at a special meeting of COS shareholders this morning. Suncor, through a wholly owned subsidiary, acquired 76,752,122 COS shares (representin... Tuesday, March 22, 2016
Jim Simpson, Chair of the Board of Directors of Suncor, is pleased to announce the appointment of Patricia M. Bedient to the company's Board of Directors. Ms. Bedient's appointment is effective immediately. 'Ms. Bedient's strong financial and strategic planning background will be an asset to our bo... Thursday, February 25, 2016
Suncor announced today that its Offer for all of the common shares and accompanying rights of Canadian Oil Sands Limited has expired and that a total of approximately 84.2 per cent of COS shares equating to approximately 408,097,416 common shares and accompanying rights have been tendered to Suncor'... Tuesday, February 23, 2016
Analysis in CanOils' newest report 'Upstream M&A in Canada Falls Away at Beginning of 2016' shows that the Canadian oil and gas upstream sector only saw Cdn$1.7 billion worth of M&A transactions in December 2015 and January 2016 combined. While this value is low, the two months did see their fair sh... Thursday, February 11, 2016
All Suncor Energy News
Suncor announced today that approximately 72.9 per cent of Canadian Oil Sands shares equating to 353,307,264 common shares and accompanying rights have been tendered to Suncor's Offer. Suncor will take up all tendered shares and those shares will be paid for in accordance with the terms of the Offe... Monday, February 8, 2016